by Bill McBride on 9/15/2010 03:44:00 PM
Wednesday, September 15, 2010
Via Dow Jones (ht Brian):
Time Warner Cable ... CFO Robert Marcus said "subscriber environment very, very weak," thanks to high unemployment, high ... vacancies and "really anemic new home formation."Although housing completions are at a record low (adding few net new housing units to the housing stock), additional household formation is key to absorbing the overhang of excess housing units.
Posted by Bill McBride on 9/15/2010 03:44:00 PM